Trelleborg increases efficiency of Group's industrial hose production

Mon, Aug 23, 1999 16:13 CET

Trelleborg increases efficiency of Group's industrial hose production
As part of efforts to increase the efficiency of industrial hose production
within the Group, Trelleborg is to implement a program of restructuring and
rationalization with the aim of concentrating the product range at each
production unit.
For the Trelleborg units involved, this means the focus will be on braided
hose and hand-built and super-light hose products. Other products and
technologies will be concentrated and coordinated within Trelleborg Industrial
Hose's principal plant at Palport in France.
The restructuring program will result in a workforce reduction of
approximately 50 jobs in Trelleborg. Employee codetermination information was
published on August 20 and negotiations with employee representatives will
start in the immediate future.
The measures to raise the production efficiency of Trelleborg's industrial
hose operations are part of the structural program for the Group's Industrial
Sector that was presented at the Trelleborg Annual General Meeting in April.
The program, which mainly affects the Sector's European units, is expected to
result in approximately SEK 250 M being charged against Group earnings. The
program is expected to generate a positive effect of around SEK 75 M on annual
earnings, commencing in year 2001.
Further information can be obtained from Trelleborg AB's Senior Vice
President-Corporate Communications, Mikael Byström, telephone +46 (0)410-670
37 (mobile: 0708-552 169), or via the Trelleborg AB Corporate Communications
Department: +46 (0)410-670 00.
www.trelleborg.com
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